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of the most outrageous tax loophole in america. will he actually do it this year? jeanne moos shows us the latest workout trend. >> nice job, nice job. so we talked about her options. her valuable assets were staying. and selling her car wouldn't fly. we helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today...and tomorrow. so let's see what we can do about that... remodel. motorcycle. [ female announcer ] some questions take more than a bank. they take a banker. make a my financial priorities appointment today. because when people talk, great things happen. make a my financial priorities appointment today. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical
seeking tax exempt status. this after the inspector general found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name, but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the powerful house oversight committee wantslern s lerner to testify again wednesday. chairman issa, welcome back. >> thanks for covering what we believe is going to be a good fact finding hearing. >> well, let's talk about that. because when you recalled lois lerner under subpoena to testify again this coming wednesday, her lawyers said you you can call her, but she won't testify or answer any questions, continue to at that time fifttaat that t. >> her attorney indicates how that she will testify. we've been back and forth negotiation. wi believe the evidence we've gathered causes her in her best interests to testify. >> so lowislerner who took the fifth last may will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> it will be on wednesday. >> what change
someone, he actually reformed the tax policy -- and i look a little pink. should i consider spray tanning? this is "bloomberg surveillance ." live from world headquarters in new york. friday before the oscars on sunday. scarlet fu can barely contain herself. joining me are scarlet fu and adam johnson. >> i've got to go by the chips and dip. >> the only problem is you have to be up at 2:00 a.m. monday morning. time for the morning brief. what happened overnight. ecb president mario draghi said policymakers are committed to defending the euro area against inflation. this was in a speech late yesterday in frankfurt. in the u.k., home prices rose as the property market got a boost from low borrowing costs and easier access to mortgages. in italy, the unemployment rate rose to a record high in january. shifting over to japan, industrial production grew the most since 2011 indicating the economy is strengthening. jumble. of data but a all thisrning we got data. starting at 8:30 a.m., gdp. at gdp so look we get in theory they refined any little bit. also, personal consumption -- consumpt
of conservative groups seeking tax exempt status. this after the treasury department found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the house oversight committee wants lernor to testify again wednesday based on new information he has. chairman, welcome back to "fox news sunday." >> thanks for having me back and for covering what we believe is going to be a good fact finding hearing. >> all right. let's talk about that. when you recall low he ed lois o testify, her lawyers said can you call her but she is not going to answer any questions. i understand you have late breaking news. >> we do. her attorney indicates now that she will testify. we've had a back and forth negotiation. but quite frankly, we believe that evidence that we've gathered causes her in her best interest to be summoned to testify. >> lois lernor will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> wed
and railroads and mass transit. it provides more money for job training and preschool and it expands tax credits for an estimated 13.5 million low-income workers and it increases taxes more than $650 billion on higher-income americans and it adds $56 billion in fees for big banks. there are also tax increases for tobacco products and airline passengers. the president's plan in print form arrived up on capitol hill this morning -- this morning. congress prefers to do the budgeting itself, so it's not like whatever the president sent would be accepted but it can be seen as a starting point in the debate over the nation's spending priorities, yet rather than a lot of new ideas in these budget books, critics suggest it's more of the same. the republicans say the president's 2015 budget spends, borrows, and taxes too much, neil? >> michael, thank you. it is ironic right now that all of this is going down on fat tuesday, good reason to party in new orleans, maybe, but minnesota republican congresswoman michele bachmann says no reason to celebrate in washington, so congressman, the bottom line is the p
, totaling almost $4 trillion. it includes new tax hikes to offset additional spending for education and job-training. but republicans say it does nothing to address the nation's fiscal challenges. we'll discuss its approach to helping low income americans, later in the program. israeli prime minister benjamin netanyahu is warning the u.s. and the world against letting iran go ahead with any part of its nuclear program: he spoke in washington, a day after meeting with president obama. >> the leading powers of the world are talking about leaving iran with the capability to enrich uranium. i hope they don't do that because that would be a grave error. it would leave iran as a threshold nuclear power. >> woodruff: netanyahu also said that far from easing sanctions on iran, the world should increase them. he also urged the palestinians to recognize israel as a jewish state, if they really want peace. the process of removing syria's chemical weapons is picking up pace. the dutch diplomat overseeing the operation said today the assad regime has handed over six shipments of toxic agents. she spoke
president obama today said he's going to get rid of the most outrageous tax loophole in america. will he actually do it this year? jeanne moos shows us the latest workout trend. >> nice job, nice job. there's this kid. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or more on car insurance. yup, everybody knows that. well, did you know that some owls aren't that wise. don't forget about i'm having brunch with meagan tomorrow. who? seriou
. >>> u.s. senate panel investigating tax evasion has accused credit suisse of using cloak and dagger tactics that belong in a spy novel. it alleges c.s. bankers made 150 trips to the u.s. between 2002 and 2000208 orchestrate a large scale tax evasion scheme. some of the things credit suisse is accused of operating remote controlled lifts, and bankers accused of filing false visa applications pretending they were tourists and advising clients how to dodge u.s. tax laws. the senate hearing kicks off late today, shares trading at the bottom, just down just over 3% in trading today. >>> the firm came out to say it considers its insurance policies for wealthy u.s. citizens to be tax compliant. credit suisse has been preparing for investigations into its products known as insurance wrapper wrappers. the long arm of the u.s. treasury, by the way good morning, everybody. you didn't say good morning. >> good morning, sorry, good morning. >> good evening if you're watching in sipping apore as well. good e-mails coming out of credit suisse or conversations out of the investigation? >> it's a li
's about our values. as a country we've got to make a decision if we're going to protect tax break for the wealthiest americans or or make smart investments to create jobs and expand opportunity for every american. >> among the proposal an end to the carried interest loophole which allows hedge fund managers to be taxed at a very low rate, spending $302 billion to repair the nation's roads and bridges, and closing the $4 billion worth of fossil fuel loopholes every year. the proposal includes an idea with historically bipartisan support. it's little known but highly effective tax rebate for the poor, earned income tax credit. yesterday in a 200-plus page report in the failures on poverty, budget chair paul ryan wrote, research finds that the best anti-poverty programs encourage work, programs like the earned income tax credit increase labor force participation. the president likes the earned income tax credit and paul ryan likes the earned income tax credit. so how did mr. ryan respond to the president's overture one day later? quote, this budget isn't a serious document, he said i
kind of world war ii camp. allen with al jazeera, north idaho. >>> a tax break for more than 13 million americans, president obama set to unveil the new budget this morning and tell you who will benefit the most if that proposal makes it through congress. plus you might call it thc-tv, marijuana commercials could be coming to a television society near you and life gave them lemons and they made lemonade and going to school. >>> if you think durant is the mbp lebron says not so fast and we will talk about the record in south beach. ♪ welcome back to al jazeera america, i'm stephanie sy, israel's prime minister is pushing back against u.s. diplomacy in the middle east and met with president obama on monday and discussed a framework for reaching a pack with the palestinian and netanyahu had frustration for, syria and iran and to have compromise israel must be secure and netanyahu will deliver the keynote speech to the american, israel publish affairs and apac is the largest and pro-israel lobbying group in the u.s. and as you can see libby casey is joining us from washington and good mor
for the tax rates to pay for that. most definitely. caller: our roads are awful. we have a lot of state roads. repair work would really help. where else do you see jobs available besides infrastructure spending? where else do you think the government can help create jobs? caller: i think in the technology,system, private sector. help bringons would about income to a level of being able to take care of your family, cover your living expenses. if that was not for unions, we would not be able to watch you on television right now. so they can rip off citizens and keep low wages and make big profits. thank you. calling in from philadelphia, pennsylvania. fish and sam says the president's budget should be how not to spend others money. also, dean writes in, too bad the gop will kill his budget. are they totally heartless? commentspage, several on that. allen writes in on her thoughts on the president's budget plan. she says stop messing around with other people's lives. we will continue to bring you comments. we want to hear you on the phone. the phone lines are open. ruben in philly on the line fo
as well as tax increase, republicans wanting lower taxes and less of that spending. they will fight it out in the midterm elections and then we may return to budget talks and some sort of accommodation in 2015. >> john, how real is the return of the conversation about tax and interest? i say it in part because it's in some of these bills, but also because the front page of the "wall street journal," see this right here, blowout call for big tycoons that talked about the payout for people like leon black, $560 million with his income, 465 for steven schwartzman and others. i do know it's been put back in some of the bills, but this has been a policy debate we've been talking about for about five years now. >> there's a lot of momentum behind this issue. i would not expect it to pass this year. one of the things that adds to its momentum in terms of the long-term, which we really get to a tax reform discussion which is not going to be this year, is that dave camp, the republican chairman of the ways and means committee, included this interest in his tax reform bill. the administration will h
calls for increased spending on education. it extend tax kits to lower-income americans including expanding the earned income tax credit. house speaker john boehner is the one who called it irresponsible. remember, there whats not been a budget passed by congress since 2009. >>> president obama heads to connecticut with his push to raise the minimum wage with central connecticut state university he'll be joined by four governors all in favor of increasing the minimum wage. >> if you like your health plan, you may be able to keep it a little longer. "the washington post" says the obama administration is rewriting affordable care act rules again to let americans keep their plans for up to three more years, even if those plans no longer comply with the law. last fall, the white house gave option of letting policy still be sold in the short term even if they were technically illegal. >>> happening today, the house is set to vote for the 50th time on a modification to obamacare. this would be push back the original mandate for one year and making that penalty zero. this is the first su
, that is senator bob mennendez. a possible tax break for 13 million americans. president obama unveiling his new budget. we will tell you if it gets an icy chill on capitol hill when that proposal makes it through congress. >> when i first started the learn with ms. sally, it was hard. it was hard. but i -- this is what i wanted to do. >> fighting illiteracy in adults. one man's journey just to learn how to read. al jazeera america gives you the total news experience anytime, anywhere. more on every screen. digital, mobile, social. visit aljazeera.com. follow @ajam on twitter. and like aljazeera america on facebook for more stories, more access, more conversations. so you don't just stay on top of the news, go deeper and get more perspectives on every issue. al jazeera america. >>> any minute now, israel's prime minister is set to address a key group of lobbyists. this is senator bob mennendez addressing the crowd. benjamin netanyahu will deliver his speech to the american/israel public affairs committee, one day after a closed door meeting with the president. they discussed reaching an agreemen
's tax system but it's unlikely to advance this year. republican dave camp chairs the house ways and means committee. he called for lowering the top income tax rate from 39.6% to 25%. he'd also impose a ten percent surtax on earned incomes over $450,000 dollars. house speaker john boehner would not say if the party supports the bill, and he refused to discuss the details. >> blah, blah, blah, blah. listen, there's a conversation that needs to begin. this is the beginning of the conversation. the idea of tax reform is to get our economy going again, provide better, more economic growth, more jobs, and higher wages. the way you do that is bring down rates. and to bring down rates you clean out a lot of the garbage that's in there and the special interest issues that are in there. >> ifill: the last major overhaul of the tax code was in 1986. that data breach at target stores before the holiday shopping season took a hefty toll on the company's bottom line. profit dropped 46% in the fourth quarter, and revenue slipped more than 5%. the data breach allowed hackers to steal personal i
, there are talks about tax credits, there are talks about reducing the number on medicaid but allowing home to have vouchers so it depends on which alternative you're talking about. >> sure you'll talk much more about this later. jake tapper, many thanks. >> thank you. >>> other top stories we're following at 32 minutes past the hour, in arizona gay rights protesters say they will rally through the night as they call on the governor to veto a bill that is drawing national criticism. some lawmakers who voted for the bill proclaiming it protects religious rights. they are now seeking a veto citing new concerns over discrimination. >>> in the debate, yes, i heard all that but in the debate you hear arguments every day about this one is wrong, that one is wrong, and believed that kind of fit into my position that now when i look back on it, you know, they were right in what they were saying. i have friends in the democrat caucus that were warning me. but, you know, that was only the democratic caucus saying something, no one came to me before hand. >> so you actually believe looking at it now that it
're hoping for 3% gdp growth this year. and any big spike in oil makes you think that's a tax on consumers and it's harder to get. the ten-year is helping, though. in terms of keeping the housing markets going below 2.7%. the euro stayed remarkably strong for europe. basically being on the front line for this situation here. we will, after hitting some new lows, stabilize. and then finally, fwoeld, i think, traded lower yesterday after having really a great quarter, at least two months. so it's down about $4 today at 1334. and china's leaders reaffirmed the growth target of 7.5% but signaled some concerns about reaching that target. eunice yoon joins us now. we're in a great big city this morning, eunice, tossing to you over there. we're feeling very -- i don't know. we're going to change the world. >> you are. i think that's how people here feel, as well. there were thousands of lawmakers that were gathering together in beijing to heir china's version of the state of the union. this is presented by the premier of the country and it's really the first time that investors got a chance to se
is pushing to revamp the tax code. his plan would eliminate dozens of rates. >> i am not going to accept 2% growth as the new normal. i'm not going to accept a minimum wage economy and the fact we are not creating jobs. kids are living at home because they cannot get out on their own. we need to grow this economy and create jobs. one way is through progress tax reform. heat has taken a lot of for this proposal. the banks are fighting against the plan new tax on banks which is intended to offer it -- offset lower rates for individuals. >> i think it affects about six banks. look. they are going from a 35% rate to a 25% rate. in the financial sector, there are not a lot of provisions, loopholes to close because there are not many. they are getting a two minutes tax break. i think it is important there be a trade-off. >> new taxes are going to make it tough for camp to gain support from fellow republicans. the plan is nowhere near firstng law, but is the major reconstruction attempt since 1986. let's move on to the executive branch. president thursday launching a new initiative to provide gre
in all areas. the premier this that some key areas administrative systems tax the financial sector role and ownership household registration and social welfare. the cats and plants to streamline government structures and the monkeys play a decisive role the talking footy in the world has been set at seven point five percent lower than last year's seven point seven percent. emily says the government will maintain a reasonable pace of gdp roles. well continuing to improve role econs deficiency and reduce negative side effects. many believe the continued joy for reform would mean slower but more sustainable long term role one key factor to that change will be held successfully china shipped from the investment and export field role was to increase domestic consumption the government is also determined to love the headline grabbing the issue of air pollution by introducing stricter emission controls. and there was a strong emphasis on goal in the premier's speech. we will fully implement the basic strategy of law based governments to act in accordance with the all in all our government work
syndrome, right now you don't have the same opportunities to save tax free for college or let's say open an ira as everyone else. hundreds of members of the national downs syndrome society came here to capitol hill today to fight for the same chances at a life. perhaps one of the most persuasive voices on capitol hill today, patty saylor. her 26-year-old son ethan died after an altercation with police at a frederick movie theater for not having a $12 ticket. she's a fighter for justice. today she fights for others with downs syndrome so they might have the life ethan will never have. >> ethan wanted the same life that his brother and sister had or were aspiring to. he wanted a wife. he wanted a car. >> reporter: but the way the tax law assists now ethan and others receiving government assistance can only save up $2,000 in a saving account, not enough for a car, wouldn't make a dent for college and not enough for an ira. chris val locallen and others -- chris van hollen and others are championing the able act. for that the national downs syndrome society gave him this award. >> we simply
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com here in philadelphia you can access a philly cheesesteak anytime, day or night. just like you can access geico anytime, day or night. there is only one way to celebrate this unique similarity. witness the cheesesteak shuffle. ♪ cheesesteak, cheesesteak ♪ ♪ it's the cheesesteak shuffle! huh! ♪ ♪ every day, all day, cheesesteak, cheesesteak! ♪ ♪ every night, all night cheesesteak, cheesesteak! ♪ ♪ 9 a.m. cheesesteak! ♪ 2 p.m. cheesesteak! ♪ 4 a.m. cheesesteak! ♪ any time (ruh!) >>geico. fifteen minutes could save you fifteen percent or more on car insurance. "stubborn love" by the lumineers did you i did. email? so what did you think of the house? did you see the school ratings? oh, you're right. hey babe, i got to go. bye daddy! have a good day at school, ok? ...but w
that because you're proposing cuts in benefits, tax breaks, eliminating, slowing down pay raises for some of those on military duty that you are in fact trying to balance the budget on the backs of these people who fought these wars. >> well, first of all, that's just not true. we're not making any recommendations on any retirement changes we're going to wait until the retirement commission was was impaneled if we need to do anything on retirement. this isn't just an arbitrary, unilateral approach to trying to slow the growth just to slow the growth. we've got to look at the long term commitments to our people. half of our budget today in the pentagon goes to pay compensation retirement and medical care. that will increase significantly. we're not cutting, we're proposing slowing growth in certain areas. tax cuts, we're not cutting anybody taxes. we're asking for specific considerations. in areas where we are slowly, eventually reducing the growth of pay increases. there will still be pay increases. other areas, we think these responsible, we don't think it breaks faith with our people. b
for expansion of tax credits for the middle class and working poor which the white house says is part of his state of the union pledge to boost economic opportunity for all americans. michelle joins us now from the white house. michelle, how do you think this plays out politically considering how gridlocked things are in washington right now? >> reporter: does this have a chance of passing, you're asking? in a word, and you may already know the answer, no. in presenting this budget proposal, president barack obama wants to address the most difficult issues americans face making living and paying for cost of living. working poor, working minimum wage and working full time. they don't have the tax credits workers with children do. obama wants to expand to workers without children, younger workers. this budget contains $60,000 billion worth. obama wants to help obama pay for child care, tax credits for people with young children, pay for education and save for retireme retirement. republicans have problems with it in specifics like closing tax loop hohole loopholes. some say this does nothing t
pay for some of his suggestions it would include a buffett tax, named for warren buffett, to go after high income americans and boost taxes on airline passengers and tobacco products. the president made the pitch for his blueprint at a washington, d.c. elementary school. >> as a country. we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> republicans quickly pounced, saying the president's budget would increase spending by $791 billion over ten years. it never balanced and would add $8.3 trillion to our debt in the neck decade, and they said after mr. obama has raised taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it
on supporting the middle class then reducing the budget deficit through higher taxes for the bench. he's apparently during the midterm congressional elections in november. obama is calling for more works projects such as repairing roads and railways. he also aims to boost employment by introducing more vocational training. his proposals include tax cuts for lower income people and better pre school education. spending is set to slightly exceed three point nine trillion dollars while revenue is expected to increase to more than three point three trillion dollars as an economic recovery boost tax income. obama says the budget deficit will decline to five hundred sixty four billion dollars the lowest level in his presidency. we go to the side of the road you squeeze the middle class or for going to continue to reduce the deficit is responsible for all taking steps to grow and strengthen the middle class. republican house speaker john bain are strongly criticized the draft he said it was the most irresponsible. he said it would only increase spending and borrowing expanded governments and
enrollment web sites up and running. the change permits residents of those states to receive federal tax credits, even if they ended up buying insurance outside the online exchanges. white house spokesman jay carney. >> subsidies of aca remain available no matter how you get insurance. we're making sure cms is working closely with states to successfully implement their marketplaces. and that includes making sure that those who are eligible for subsidies are able to receive them. >> woodruff: the problems with the federal health care insurance exchange have largely been repaired. but the states of oregon, maryland, massachusetts and hawaii are still laboring to get their websites into optimum shape. a retirement surge means regional airlines in the u.s. will need hundreds of new pilots each year over the next decade, but they may not get them. the government accountability office reports 11 out of 12 regional carriers failed to meet hiring targets last year. a major factor could be the average annual starting salary, just $22,400. regional airlines handle half of all domestic flights. >>
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dave camp, the head of ways and means committee has done this week proposing tax reform to simplify the tax code, reduce rates, reduce the corporate rate from 35 to 25% is really the sort of thing we need to do to energize the participants in the u.s. economy. right now they're sitting on their hands. there is over a trillion, maybe $3 trillion in corporate assets not being deployed. there are $2 trillion in corporate assets parked overseas because they don't want to be taxed. the camp plan would cause most of that to come back to the united states and be deployed here. that is the sort of thing we should be doing. jenna: he announced his plan, if you will in the "wall street journal" yesterday in an article. i believe he will be speaking to neil cavuto later today. it will be interesting to hear from him. what do you think the prospects are? we heard tax reform before. what do you think really are the chances what he does actually turns into some change, real change? >> i think because of president obama's attitude towards taxes, there is very little prospect. you need a president
with the same old stale ideas of raising spending and taxes and nothing new in there. and i am disappointed he put 58 billion worth of new spending sense he signed a bill with a budget agreement two months ago. >> the white house said 13 million americans are getting a tax break, are they? >> the best way to make sure everyone is are treated fairly is to reform. it we put out to reform corporate and individual side. and millions of jobs would be created. i wish the president would come down and listen and have a dialogue. >> he is calling for more spending. >> what is the chance that more spending passes this congress? >> i don't think he has much of a chance here in the house. i can't speak for the senate. but more spending is not the issue here. it is odd it came out on the same day we reached the $17.4 trillion debt. the debt clock is ticking and until we get serious about growing your economy and creating more jobs, obviously it is not the congress that creates jobs. but the american people are the job creators and we have a number of bills laying on the desk in the senate waiting for thos
billion spending increase. huge increase in spending. the other side of the coin is tax sayings. we are going to be -- we are bringing 2.7 trillion in taxation last year. it will be 2.3 trillion next year and the president wants another trillion on top of that. the big picture very clear. tax more, spend more, more government. gregg: off camera you were telling me about the earned income tax credit. >> included in this budget there is an expansion of the earned income tax credit. that's a check that goats out in the mail to people who are working that earn very little money. the president proposed to expand that and bring in an extra 13 million people to get that check every year. those 13 million people have no children. at the moment you can't get the earned income tax credit if they have got no children. the president will expand that, people with no children will be brought in. 13 million more people getting that check in the mail, paid for by you the taxpayer. it's a vast expansion of what we call the social security net under this budget. gregg: there are a great many skeptics
control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1 trillion worth over the next year. and i'm wondering, where are the savings? because the president and republicans, too, there were no fair players on this, they reversed what were going to be minor cost of living juchlgts in the last deal. they scrapped that altogether. writes the will for getting this under control? >> two things. i think if you look in the medicare area, the president's budget identifies some additional efficiencieefficienc that are saved, that are cut, not by harming beneficiaries, but by reducing and continue to reduce some of the overpayments to the private insurance companies, by changing the way you reimburse big pharmaceutical companies. those are real cuts
progress on some sort of a national property tax. given the property tax, although it seems residential, will that have knock on effects through commercial? >> i think they've been talking about that. every year at this time, people grabbing headlines. what will pay attention to government policy? it's not surprising they've been talking about property tax. that's been anticipated for many years. i think the market has digested that. everybody expects it to be gradual. so it's important to start having property taxes. if you hold property in china, there's no property costs. if your home is sitting there empty, there's no penalty because you don't really feel hurt. that's why the worry is there are so many buildings and not being occupied and not being neutralized. and so having introduced the property tax will deal directly with that. now, continuing to hold the property if there's a tax you need to pay every month? >> highly rated u.s. companies sold more than $19 billion in debt on tuesday, the busiest day of the year. they looked to take advantage of recent rallies in u.s. treasurie
brewer's decision on the veto. >>> a new investigation reveals shady business dealings to hide tax dollars. >>> a whole lot of new worlds, nasa scientists, more than 700 new planets are discovered. >> welcome back to al jazeera america. i'm john siegenthaler in new york. a lot to cover this half hour including trapped. tens of thousands of syrian refugees, seeking to get food and shelter. >>> hiding billions from the irs. >>> now the corvette sinkhole on display for all to see. >>> ukraine's transitional government faces a vote in the parliament tomorrow. it comes less than a week since viktor yanukovych was forced from office. warning against a military intervention in kook. u.s. is ready to offer ukraine a billion dollar alone. >>> in depth review of sexual assault in the military. the pentagon has said, 600 people have been disqualified from positions of drill sergeants, recruiters or sexual assault. >> arizona governor jan brewer has just vetoed a controversial gay rights bill. that measure would have allowed business owners to have refused to serve gays on religious grounds. s
break fast. >>> coming up on "morning joe," congressman dave camp with his new tax plan that is drawing fire from both sides of the aisle. andy serwer will be us and the ice skating duomeryl davis and charlie white will join us. here is bill karins with a check on the forecast. >> no more doritos? >> we got them. >> oh, one more! >> oh! >> eat the whole thing. >> that is a step away from joe scarborough who just leaves it sitting -- >> learn from the master. >> what is the weather? >>> two storms for the west coast. the first in california yesterday and the second one is out in the pacific. this is the big one and waiting for. it's not going to end the drought but take a dent out of it. areas up there in the mountains, we could see up to four feet of snow in the mountains of california. this is much needed. we are predicting about 2 inches of rain and maybe 3 inches of rain in l.a. the most they have seen from one storm in three years. gives you the perspective of how bad this drought has been. of course, the temperatures in the northern plains. this is just brutal stuff. i mean, i know
. >> lawmakers want to know how some of the wealthy americans can hide billions from the tax man. >> i'm john henry smith, a son knocks off his dad's old team. >> we'll share messages from our imprisoned colleagues. before we go to break, we want to share a letter peter wrote from prison. >> we have been doing what every journalist would, recording and trying to make sense of the events with fairness and balance. when the egyptian government declared the muslim brotherhood to be a terrorist organisation, it knocked the wind out of them. talking to them became on act of treason, however >> a live look at the statue of liberty in new york. the new york harbour, a clear but chilly quay. >> the top stories - the army disqualified 588 soldiers from positions of trust. after a major probe into sexual all the. investigate juniors sifted through records of 20,000 military members. it's unclear if the soldiers were kicked out of the military or assigned to new positions. >> members of an armed pro-rush amilitia has taken over some buildings in crimea. they are flying an american flag. it comes as ukra
? >> okay. dylan dreyer, thank you for that. >>> another big fight fort gop. this time it's about taxes and they're fighting each other again. >>> plus, the nfl wants to crack down on players using racial slurs. but can and should the owners impose this rule? former congressman and college football quarterback jaycee watts joins me next. >>> and a reminder, the dramatic and breaking developments in the ukraine. we are following it for you. we'll get more reaction in this hour. [ female announcer ] new fiber one protein cereal. ♪ yeah, yeah, yeah, yeah! ♪ we are one, under the sun ♪ under the sun... [ female announcer ] fiber and protein. together as one. introducing new fiber one protein cereal. [ female announcer ] fiber and protein. together as one. "stubborn love" by the lumineers did you i did. email? so what did you think of the house? did you see the school ratings? oh, you're right. hey babe, i got to go. bye daddy! have a good day at school, ok? ...but what about when my parents visit? ok. i just love this one... and it's next to a park. i love it. i love it too. here's ou
an eye on that and play you any sound from the first lady. like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com and a hotel is the perfect place to talk to you about hotels. all-you-can-eat is a hotel policy that allows you to eat all that you can. the hotel gym is short for gymnasium. the hotel pool is usually filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. captain obvious: yes i am. all those words are spelled correctly. >>> a newly released poll suggests that republicans are in pretty good position, and now that colorado cory gardner has announced he will enter the senate race challenging senator mark udall. but given the recent controversy over arizona 'now vetoed bill that would
made accusation without -- that anonymous person, credible source mitt romney didn't pay taxes. that was terrible. he said that president obama was likeable and had no negro dialect. he had to apologize for that politicians are big boys and big girls. this statement he made went to the american people who are scared and hurt. how does stay majority leader? >> well, i think he did say they are not all true. right? that's what he said. he wasn't saying that none of them are true. he is saying they aren't all true. >> he said you have heard the horror stories and they're all untrue. >> that's not what i heard. i heard him say they are not all true. i may be wrong. >> you know, if i'm wrong. he has some wiggle room still bad. >> i think -- i don't think he he is not going to it lose his majority leadership over this. >> how does he stay. >> nancy pelosi said something very similar. it's problematic and a lot of democrats have come out and claimed people are not suffering. it's exaggerated. i don't know why they are saying that. of course people are suffering. there is no question.
be compromised here? >> i do not see anything. it is $1 trillion more in taxes, increasing spending dramatically, not adhering to the compromise budget deal president obama signed a few months ago. that has been a problem. we do the budget control act, and then people weasel out of that. they do a compromise, and the first piece of legislation violates that. of course, this president is doing nothing to address the two thirds of the budget, the transfer payments, entitlement programs, that are on an unsustainable path. i do see a lot we can compromise on here. i happen to like the budget, but it is, relatively speaking, a non-event. there was a key agreement struck two months ago by the house represented by paul ryan, the senate represented by patty murray, in terms of discretionary spending and the key items within the discretionary account. second of all, this is a congressional election a year, obviously. i do not think this budget, which i happen to like, is going anywhere. >> what do you like about it? >> the deficit is going down considerably. >> is that from fiscal reform or from the econ
of the cnet to make it to him and ended up using the taxes for ninety second pop over here to do without a hint eight years old had an offer of corning. despite conceding a goal chelsea manager lorraine year says he's not the particular diet. some other things that have two chances this post the rules we have five we score one and this is not a critique group of strikers like sometimes people. the sink is just as all of the profile of team would have rated in the eurozone to be amenable to make is to cycling in nineteen ninety eight. you know the routine daily and you can cost you more wiring than the result was the fact that they were never able to stand in the greek town in sarawak for the chairs around expects the economy to a new reed has anyone seen the one that many by going to announce today that it is by the parentheses and david moyes still has full confidence in the polluted due to failed. the road to the united to united's defeat and yet no comment. it will be no prize this is not a single win just like announced at a brisk having their teams in the european top thanks to a ty
expansion of earned income tax credit. 13.5 million workers would be eligible for $60 billion in credit. also included, billions for roads and rails, spending the white house says will bolster the economy. republicans say the president's budget is dead on arrival. they complain it runs up the nation's credit card without addressing long term debt. the 2014 primary season kicking off in texas with drama. attorney general greg abbott easily winning the republican primary a. he's the new gop nominee in more than one decade. he wants more freedom and less government. >> we must never forget that the rights that we have, they don't come from government. instead those rights come from god. >> democrats pinning their hopes on state senator wendy davis. she called her opponent defender of status quo. >> i'm ready to fight for you and to fight for every hardworking texan a across the state. >> another member of the bush family begins his political career with a win. george p bush, former son of jeb bush. one lieutenant governor dewhurst and the oldest serving member of the house is fighting for
business groups say japan should cut corporate taxes. that's if the country wants to attract more investments from abroad. the japanese government launched a panel earlier this month to study the possibility of cutting the corporate tax rate. the panel invited officials from the american chamber of commerce and the european business council to its first meeting. by 2020 japan is aiming to boost investments from abroad to more than $340 billion as part of its economic growth plan. that's double the figure in 2012. >> translator: we would like to receive your views on how to make japan attractive for more foreign investors including improving the rules. >> at the meeting participants said that japan's corporate tax rate is too high. it's currently about 35%. they also said they want to see clearer rules on laying off employees and a more flexible system for part-timers. >>> central bankers in brazil have raised the country's benchmark interest rate gn, but they're slowing the pace of monetary tightening. members of the bank's monetary policy committee decided to raise the key lanedi
to submit the results of the transfer of tax administration from the customs authorities to fiscal once within ten days all employees of local tax services have become cabinet officials said the prime minister. this leads to an increase in soon open ocean fraudulent schemes pt refund delays and other problems that occurred budget losses but if you look at that moment to admit that i cannot fit into the main causes are the new ship is frosting that i even added tax system azerbaijan has achieved sharp reductions in the sphere introducing a special bt account. we made seven trips there to learn about this experience we believe that this time has come we can now introduce it to the legislation level this year but we would introduce an organization level by two thousand fifty three two thousand sixteen and pilot mode and then we can carry out this work on a full scale in addition electronic invoices will be introduced in july first two thousand fourteen. this will be on a voluntary basis for a while this will greatly simplify the doing business for hundreds of yours. we recommend introducin
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